Government Impacts

1 min read

Blockchain Industry Impact: Government

Being a new technology with some groundbreaking innovations, governments have to pick a side about the new tech. Blockchains may threaten some of the current systems we have in place are used in governance. Voting systems are one system of speculation that blockchains can help secure and make more transparent. Blockchains can also allow us, as smaller and larger communities and societies, to govern ourselves and make decisions regarding our communities more directly. If you want to read about digital governance and how governments around the world are reacting to blockchain technology, this is the page for you. Also, you can see our digital governance page if you are more interested in how digital governance can benefit societies.

R3’s Corda is a Distributed Ledger Technology (DLT) product which looks to address financial, governmental, supply chain, and insurance applications. Our video gives you all you need to know about R3 and Corda doing business on the blockchain!

The US government held a congressional hearing on cryptocurrencies! Jeremy’s gives you the rundown on the most important information and news from the hearing, giving you some hot takes of how the government thinks about and is potentially handling the cryptocurrencies, ICOs, and blockchain industry developments.

The ICON Project aims to overcome challenges of centralization, and connectivity in decentralized networks. They hope to help advance our society towards true hyperconnectivity. In order to do this, ICON is redefining communities. Learn about how in our overview of their project!

Erik Voorhees is a businessman and entrepreneur who has been involved with and founded several Bitcoin-related startups. His crypto-related entrepreneurship and enthusiasm is helping progress blockchain tech & crypto to wider adoption!

Roger Ver has been invested and involved in blockchain since 2011, and is currently the CEO of Bitcoin.com. He’s helped to fund many start-ups and been an out-spoken advocate for bitcoin, which has progressed blockchain & helped move the chain.

The blockchain community is primarily male-dominated. But women are innovators and businesspeople in the blockchain world too! Here are 3 women proving that technology is a community for women as well as men. They are politicians and business women making big moves in this space.

China BANS all ICOs! Watch as Jeremy breaks down how China came to this decision and how it will effect ICOs and cryptocurrency going forward. Will this decision be the first of many attempts by government to limit token sales?

Since the discovery of outer space, mankind has seemingly been fascinated by the possibility of other intelligent life forms living outside the boundaries of planet Earth. Our current economic systems might prevent Earthlings from trading with other galactic species. With a lack of consistent currencies across the globe and other boundaries, we lack an opportunity to welcome trade from other planets! Crypto could solve this problem quite simply.

The Belgian Government is just one of a few that have not welcomed Bitcoin and other cryptocurrencies to their countries. The Belgian Minister tried to totally shut down and collect all crypto circulating.

Although, it is very hard for any government to actually do that. Read about the battle between crypto and governments here.

Blockchain technology is far more than digital currencies, as we’ve seen with its adoption around the world. Well look out, world, Russia is joining the ranks of governments to adopt the breakthrough technology. Read about Russia’s adoption and integration of blockchains, and how it can help them function more accountably and effectively.

Canadians realize the true capacity of blockchain technology, and they are next in line to participate in the blockchain revolution. The vast, expansive nation is held a conference in June, discussing the potential impact blockchain may make on the country, and government. Read about it here!